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1 bedroom flat for sale
St. Margarets Road, Peterborough PE2
£88,000
St. Margarets Road, Peterborough PE2
£88,000
Price History
Initial price | £90,000 |
13/02/25 | £88,000 |
Price Change | -2.22% |
Description
This 1-bedroom flat in Peterborough is a lucrative investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a bedroom, lounge, bathroom, and kitchen, with a current annual gross income of £8,100. While the current tenants are long-term and intend to stay, the property's rental potential can be increased to £8,592 with new tenants. With a purchase price that will yield a worthwhile return, this flat offers a fantastic chance for investors to boost their portfolio. The current tenants have a good payment history and are hoping to remain in the property, making it an attractive option for those looking for a smooth transaction process.